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2016-10-11 14:15:05

MA

MasterCard

$100.98

-1.67 (-1.63%)

14:15

10/11/16

10/11

14:15

10/11/16

14:15

Mastercard put volume heavy and directionally bearish

Bearish flow noted in Mastercard with 4,501 puts trading, or 1.7x expected. Most active are Oct-16 98.5 puts and Jan-18 90 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.57, while ATM IV is up over 2 points on the day. Earnings are expected on October 28th.

23

Oct

28

Oct

MAMasterCard

$100.98

-1.67 (-1.63%)

07/29/16

PACS

07/29/16NO CHANGEPACS

MasterCard fundamentals 'rock solid, ' says Pacific Crest

After MasterCard reported better than expected results, Pacific Crest analyst Josh Beck says that the company's fundamentals are "rock solid." He thinks that the company would benefit from a potential deal with PayPal (PYPL), and he believes that the company's acquisition of VocaLink will expand its TAM. The analyst keeps a $110 price target and Overweight rating on the stock.

After PayPal (PYPL) announced this morning that it has agreed to an expanded partnership with MasterCard (MA), Baird analyst Colin Sebastian said the new deal closely mirrors the company's recent agreement with Visa (V). He believes the partnerships with the card networks are a long-term positive for PayPal despite the likely negative near-term impact on margins, as he thinks PayPal's digital wallet will ultimately be more successful with the card networks' cooperation. Sebastian keeps an Outperform rating and $48 price target on PayPal shares.

09/08/16

JEFF

09/08/16NO CHANGETarget $48JEFFBuy

Jefferies says PayPal concerns over MasterCard deal overdone

After surveying 1,000 PayPal (PYPL) users, Jefferies analyst Jason Kupferberg believes the migration from ACH to card-funded transactions will likely be limited and gradual. The recent network partnerships will weigh on Paypal's transaction margins, but increased choice should lead to increased usage, Kupferberg tells investors in a research note. He believes concerns over the MasterCard (MA) deal are overdone and keeps a Buy rating on PayPal with a $48 price target.

10/05/16

BERN

10/05/16NO CHANGEBERNMarket Perform

Bernstein lays out six possible strategic outcomes for PayPal

After hosting a call to discuss PayPal's (PYPL) strategic options following its recently announced deals with Visa (V) and MasterCard (MA), Bernstein analyst Lisa Ellis laid out the potential strategic outcomes for PayPal that she foresees. In order from most to least likely: the most likely outcome PayPal's business model remains but that it shifts to debit centric vs. ACH; it is less likely, but a risk, that PayPal becomes a merchant acquirer; even less likely is that PayPal becomes a closed-loop. The chance that PayPal is acquired is "unlikely but less so" after the deals with the card majors, Ellis added. Lastly, she sees a "low probability" PayPal withers away or that it morphs into something else via acquisition. The firm has a Market Perform rating on PayPal shares.

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